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I have filed through TurboTax. I checked the box for 'Stopped Work in 2021' with regard to dissolving an LLC, but can't can't that info on the digital document I downloaded after filing. Anyone know where that checkbox ends up on the actual form?
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It doesn't. Not every entry you make ends up on a tax form. Much of the information is used to pull up additional screens that you may need, based on the information entered.
Thanks Coleen!
Just one follow-up question. How will the federal gov't know I dissolved my llc last year and will no longer be filing for it?
If you have a Schedule C business, you don't need to worry about it. It is a disregarded entity and the IRS treats you and your business as the same.
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